Recession creeps closer -- but absent a systemic hard-stop, stocks are amazingly cheap.
Donald L. Luskin
On the September FOMC
Wednesday, September 21, 2011
Another minimalist "do something" move, with three dissents -- against "significant" risks.
Too Few Good Men
Friday, September 9, 2011
Trichet almost admits his mistake, Obama repeats his, and Bernanke maintains course.
Testing 1, 2, 3
Wednesday, September 7, 2011
Stocks are bottoming -- it's a bet on Europe holding together, and no US double dip.
On the August Jobs Report
Friday, September 2, 2011
It's another lost quarter -- but far from the feared 2008-style cliff-dive.
On Bernanke at Jackson Hole
Friday, August 26, 2011
Bernanke resists the "do something!" urge. But if inflation falls, he'll act.
Gold's Rollercoaster
Thursday, August 25, 2011
Gold at $1900 was an overshoot -- this correction says no QE3 for now, but ample liquidity.
Being Ben Bernanke
Monday, August 22, 2011
The mythology of Jackson Hole says "do something!" -- but he probably won't, and needn't.
On the August FOMC
Tuesday, August 9, 2011
The timing couldn't be worse, but it could be the capper on two weeks of panic.
Downgrade: At Least the News is Out
Monday, August 8, 2011
The timing couldn't be worse, but it could be the capper on two weeks of panic.